ICAP Spot Currency Trading Volume on EBS Rose 17% in September

ICAP Plc, the London-based independent broking service, said currency trading volume on its EBS electronic trading platform rose 17 percent in September from a month earlier.

The average daily foreign-exchange volume was $111.9 billion last month, ICAP said in an e-mailed statement, down 39 percent from September 2011.

The volume of fixed-income products on the BrokerTec platform increased 10 percent from August to $604.8 billion a day, ICAP said.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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